5G advanced in Saudi Arabia with launch of first live Cloud RAN site

The value of the 5G sector in the Kingdom is set to reach $13.41 billion by 2029. Shutterstock
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Updated 25 March 2025
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5G advanced in Saudi Arabia with launch of first live Cloud RAN site

JEDDAH: The Saudi telecom sector is set to advance with the launch of its first live Cloud Radio Access Network site, marking a significant step in the Kingdom’s 5G innovation.

Finnish technology company Nokia and Zain KSA announced on March 25 the completion of the site, which achieved peak download speeds of 1.5 gigabits per second when connected to the telecom company’s 5G core network.

The trial commenced on Dec. 24 and concluded on Jan. 26, according to a statement.

As part of its national digital transformation strategy, Saudi Arabia is investing in advanced technologies, with the successful Cloud RAN trial highlighting the potential of a flexible, multi-vendor ecosystem to meet evolving customer demands and support emerging enterprise applications.

This innovation, along with Vision 2030 initiatives, is expected to drive the value of the 5G sector in the Kingdom to $13.41 billion by 2029, up from $2.1 billion in 2023, according to TechSci Research.

Mohammed Al-Nujaidi, chief technology officer at Zain KSA, said the company strives to deliver transformative digital experiences that empower its customers to thrive in a fast-evolving market.

“Partnering with Nokia on the Kingdom’s first live Cloud RAN site allows us to explore new service models, reduce ongoing network costs, and respond more quickly to our enterprise and individual consumer demands,” he said.

The CTO added: “Increased network agility will support a wide array of new use cases, underscoring our role in driving Saudi Arabia’s digital transformation.”

Mohammad Al-Tayeh, customer team head for Zain Group and Zain KSA at Nokia mobile networks, said that the deployment of the Kingdom’s first live Cloud RAN site is a testament to Nokia’s dedication to delivering next-generation networking solutions.

“By introducing a fully cloud-native approach, we not only match the performance of purpose-built RAN but also create a future-ready platform that supports AI-RAN, Open RAN, and even potential 6G innovations,” Al-Tayeh said.

He further noted that the partnership with Zain KSA showcases how cloudification can enhance resource optimization, lower the total cost of ownership, and unlock new growth opportunities across various sectors in the Kingdom.

This deployment highlights the potential of cloud-native architectures in enhancing network efficiency, reducing total cost of ownership, and accelerating time-to-market — key benefits for communications service providers and enterprise customers seeking to modernize their networks.

Nokia’s Cloud RAN approach ensures peak performance by delivering full feature parity with purpose-built solutions. The trial also lays a strong foundation for future innovations, including AI-RAN, Open RAN, and potential 6G networks.

In January, Nokia announced it had partnered with Zain KSA to launch the first 4G/5G Femtocell solution in Saudi Arabia and the Middle East and Africa region, aimed at improving mobile coverage and optimizing connectivity for enterprise customers.


Qatar wealth fund plans to invest in 5 new VC funds 

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Qatar wealth fund plans to invest in 5 new VC funds 

DOHA: Qatar Investment Authority plans to invest in five new venture capital funds as part of an ​expanded $3 billion venture capital program, the sovereign wealth fund said on Monday.

The new funds, called Greycroft, Ion Pacific, Liberty City Ventures, Shorooq and Speedinvest, are set to open offices in Doha in an effort to develop Qatar as a venture capital hub, it said in a statement.

The “Fund of Funds” initiative was unveiled in 2024 to attract venture capital firms to Qatar, ‌build a ‌robust environment for entrepreneurs and help diversify ‌its ⁠economy away ​from fossil ‌fuel revenues, as the country follows the path of other wealthy Gulf peers.

Qatar’s prime minister on Sunday announced an expansion of the fund to reach up to $3 billion.

“This year, we move from momentum to scale,” Sheikh Mohammed bin Abdulrahman Al-Thani said as he opened the Qatar edition of the Web Summit technology conference.

The ⁠expansion would potentially target investments besides series A and B funding rounds.

“We are ‌now expanding the scope to do ‍later rounds, so that may open ‍up conversations with a different set of managers,” said Mohsin ‍Pirzada, the head of funds at QIA, in an interview with Reuters.

“We will continue to be quite flexible and support earlier stages as well, but there are sufficient pools of capital within the country to ​go after those types of opportunities,” he said, citing credit lending facilities.

The QIA has assets under management ⁠worth $580 billion, according to Global SWF, a sovereign wealth fund tracker, and late last year it launched its own AI-focused company Qai as it bets on the booming sector to drive economic diversification.

As part of its efforts, the country has launched a pilot computing credit program that provides free computing for startups that are based in Doha, which could be applicable to managers that are part of the Fund of Funds scheme.

The pilot program is going to be “a big differentiator in terms of what our program is offering ‌vis-a-vis our peers in the region,” Pirzada said.